But what does this mean for the country in context?
Oil sales hedging is not a particularly popular activity for countries, but luckily for us, Mexico is not one to be influenced by the crowd. Last year, the country hedged 228 million barrels of oil at US$76.40/b, guaranteeing sales at almost US$30/b higher than […]Continue Reading →
The success of activities inside the oil and gas industry hinges on overcoming various challenges, including logistics. In this sense, one of the most difficult tasks corresponds to accommodating staff in different, often remote and difficult places. This is clearly evidenced in the offshore oil platforms, with a plethora of technological challenges presented in building […]Continue Reading →
PEMEX has just declared its intentions to return a number of previously granted operative fields to the Ministry of Energy (SENER), arguing a lack of resources to operate them. This includes 95 fields that were allocated to the NOC without having been requested and an unknown number of fields that were solicited in the Round Zero application. According to […]Continue Reading →
According to the International Labor Organization, a person dies from a work-related accident and 153 people have a work-related accident every 15 seconds. Some jobs seem to be packed with adrenaline due to their dangerous nature. The idea of ‘dangerous’ changes with the times, and while lumberjack remains to be considered a risky profession, parole […]Continue Reading →